Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,728,311,381 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

fixed exchange rate
(redirected from Currency peg)

    Also found in: Wikipedia 0.02 sec.
Fixed exchange rate
A country's decision to tie the value of its currency to another country's currency, gold (or another commodity), or a basket of currencies.
fixed exchange rate
An exchange rate between currencies that is set by the governments involved rather than being allowed to fluctuate freely with market forces. In order to keep currencies trading at the prescribed levels, government monetary authorities actively enter the currency markets to buy and sell according to variations in supply and demand. Compare floating exchange rate. See also devaluation.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Private sector investment, both foreign and domestic, is expanding on the back of economic liberalisation and low interest rates - imported through the US dollar currency peg.
ABU DHABI - The Economic Base by APS Review Downstream Trends
In reality China must fix the currency peg for clear and overwhelming domestic reasons.
China's secret ambition: to compete with America in America by Malmgren, K. Philippa / The International Economy
Democracy along with sound economic management may also have contributed to Taiwan's success, he argues, though Hong Kong was pulled down by its currency peg with the US currency, and China was buffered by massive foreign currency reserves, little short term debt, and a non-convertible currency.
Towards Recovery In Pacific Asia by Gunn, Geoffrey C. / Journal of Contemporary Asia
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.